Crayon Group Holding ASA ( (CRAYF) ) has provided an announcement.
SoftwareOne has launched a recommended voluntary share and cash offer for all issued and outstanding shares in Crayon at a price of NOK 69 in cash and 0.8233 newly issued shares in SoftwareOne per Crayon share. The offer period, which expires on 6 May 2025, will not be extended further. This strategic move is expected to enhance SoftwareOne’s market position by integrating Crayon’s expertise in IT optimization and innovation, potentially creating synergies and expanding their global reach.
More about Crayon Group Holding ASA
Crayon Group Holding ASA, headquartered in Oslo, Norway, operates across 45 countries with a team of over 4,000 professionals. The company is a leader in IT optimization and innovation, acting as a trusted advisor in strategic software acquisition, IT estate optimization, and maximizing returns on investments in cloud, data, and AI.
YTD Price Performance: 14.07%
Average Trading Volume: 580
Technical Sentiment Signal: Sell
Current Market Cap: $1.11B
Learn more about CRAYF stock on TipRanks’ Stock Analysis page.